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Off market
  • $4,456,800

    421 W 50th St, New York, NY 10019

    5beds
    3,700sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $4,456,800 Zestimate®
    $1,205/sqft
    $7,204 Estimated rent

    Home value

    $4,456,800

    $3.57M - $5.48M

    $7,204/mo

    Zestimate® history
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    $27,615/mo

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    $27,615/mo

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    What's special

    Welcome to 421 West 50th Street, a beautiful 4 story brick 1920's townhouse in Midtown West. This two unit multifamily is situated on a lovely, residential, tree lined block. Currently this home is built 16.67 wide by 50' deep on a 16.67' by 100' lot. UNIT 1 A garden duplex with 2 bedrooms, 2.5 bathrooms, in unit laundry, access to a 33' by 50' shared garden and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops. UNIT 2 A triplex with 3 bedrooms, 3.5 bathrooms, in unit laundry, access to a private roof terrace and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops. A rare opportunity exists to combine with 419 West 50th Street to create a truly incredible single-family home with over 33 feet of frontage or a condo conversion with almost 14,000 additional FAR (combined for 419 & 421). For the savvy investor, this would be an ideal property for 1031 exchange or for someone who is looking to live in an income producing asset. The possibilities are endless and both buildings will be delivered vacant. Hell's Kitchen is a special place to call home. With beloved restaurants such as Bocca di Bacco, Five Napkin Burger, Totto Ramen, Kashkaval and The Marshal you won't tire of the same old fare. Take a stroll along the Hudson River, visit the Intrepid Museum or MoMA, and enjoy easy access to shopping at Bergdorf Goodman, Sak's and Rockefeller Center. Whole Foods, Columbus Circle and Hudson Yards are just a short walk away and, if a sweet tooth is your thing, make sure to pick up a treat at some of our local favorites; Schmackary's Cookies or Amy's Bakery. PROPERTY HIGHLIGHTS * Four story multifamily building with 6,377 additional FAR * Delivered Vacant * 2 Free Market Units * Conversion Potential * Single user Potential * 1031 Exchange * B9 Dwelling Classification with R8 Zoning * Proximity to 1/2/3/S/7/A/C/E/B/D Subways * NJ Transit buses at Port Authority * Easy Grand Central access via the 50th Street Crosstown Bus

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 3,700 sqft

    Property

    Lot
    • Size: 1,674 Square Feet
    Details
    • Parcel number: 010600121

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,205/sqft
    • Tax assessed value: $5,887,000
    • Annual tax amount: $31,560

    Price history

    DateEventPrice
    8/5/2022Listing removed--
    Source: StreetEasy Report a problem
    4/22/2022Sold$3,665,000-0.5%$991/sqft
    Source: Public Record Report a problem
    12/1/2021Pending sale$3,685,000$996/sqft
    Source: StreetEasy Report a problem
    10/13/2021Listed for sale$3,685,000$996/sqft
    Source: StreetEasy Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/17/2018Listing removed$6,900$2/sqft
    Source: Owner Report a problem
    4/2/2018Listed for rent$6,900$2/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,560 +6%$353,220 +2.6%
    2024$29,774 -1.1%$344,400 +11.1%
    2023$30,106 $310,020 -4.7%
    2022-- $325,260 -6.9%
    2021-- $349,500 +1.1%
    2020-- $345,660 -10.7%
    2019$26,148 +1.2%$387,240 +213.5%
    2018$25,842 +3.4%$123,534 +0.8%
    2017$24,994 +8.1%$122,608 +6%
    2016$23,123 $115,668 +6%
    2015$23,123 +64.5%$109,121 +6%
    2014$14,056 $102,945
    2013-- $102,945
    2012-- $102,945 +6%
    2011-- $97,133 +6%
    2010-- $91,635 +13.4%
    2009-- $80,788 +62.5%
    2008-- $49,725
    2007-- $49,725 +3.2%
    2006-- $48,183 +8%
    2005-- $44,614 +8%
    2004-- $41,310 +8%
    2003-- $38,250
    2002-- $38,250
    2001-- $38,250
    2000-- $38,250
    Find assessor info on the county website

    Neighborhood: Hell's Kitchen

    Nearby schools

    GreatSchools rating